Sentences with phrase «called debentures»

If that security is tangible property the notes can be called debentures.

Unsecured bonds are called debentures; their interest payments and return of principal are guaranteed only by the credit of the issuing company.

To be called a debenture, the bond must be secured against property.

To be called a debenture, a corporate bond must be secured against property.

Not exact matches

He had only just learned something was awry when, as an investor in three of Concrete's buildings, he had received proxy forms asking him to sign over his stakes to a company called Strategic Group in return for unsecured debentures, a kind of IOU not backed by real collateral, promising to pay him 6 % a year.

In case of Debt mutual funds, they invest in various fixed income instruments like bank Certificates of Deposits (CDs), Commercial Papers (CPs), treasury bills, government bonds (G - secs), PSU bonds and corporate bonds / debentures, Company Fixed Deposits, cash and call instruments, and so on..

Most bonds have no specific security attached to them and really should be called «unsecured debentures.»

Cobbetts has negotiated loan facilities of # 10.5 m in an effort to avoid a partner cash call The firm renegotiated a bank loan facility with RBS in Janaury, which comprises a # 2.5 m overdraft and a # 6.5 m term loan secured by a debenture over the assets of debt recovery business Incasso - a wholly - owned subsidiary of Cobbetts.